Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023

Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023

Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023 Energize Weekly, February 7, 2024 Global investments in the energy transition from fossil fuels to clean tech climbed 17 percent in 2023 to a record $1.8 trillion, according to a study by the energy research…

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Sunrun and PG&E Complete First Season of Innovative Residential Distributed Power Plant

Sunrun and PG&E Complete First Season of Innovative Residential Distributed Power Plant 29 Jan, 2024 Peaking at nearly 32 megawatts from 8,500 solar-plus-storage residential systems, Sunrun and Pacific Gas and Electric Company (PG&E) customers provided consistent, reliable clean energy to California’s power grid through the summer and fall of 2023…

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Solar generation continues expand rapidly on the U.S. grid while coal continues its decline

Solar generation continues expand rapidly on the U.S. grid while coal continues its decline

Solar generation continues expand rapidly on the U.S. grid while coal continues its decline Energize Weekly, January 17, 2024 Solar and coal-fired electricity generation are continuing to head in opposite directions over the next two years with solar being the leading source of new generation and coal activity falling to…

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City of Yes for Carbon Neutrality Passes NYC City Council

City of Yes for Carbon Neutrality Passes NYC City Council Dec 7, 2023 On Wednesday, the New York City Council passed the City of Yes for Carbon Neutrality (COYCN) zoning text amendment, a wonky name for a mighty important change to the city’s zoning laws. The change will remove hurdles…

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Solar panel shipments set a record in 2022 but uncertainty over tariffs loom in the future

Solar panel shipments set a record in 2022 but uncertainty over tariffs loom in the future

Solar panel shipments set a record in 2022 but uncertainty over tariffs loom in the future Energize Weekly, September 6, 2023 Solar photovoltaic panel shipments in the U.S. rose 10 percent in 2022 year-over-year, setting an annual record of 31.7 million peak kilowatt-hours of modules, with 88 percent of the…

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Inflation Reduction Act could unleash $3 trillion in renewable energy investments

Inflation Reduction Act could unleash $3 trillion in renewable energy investments

Inflation Reduction Act could unleash $3 trillion in renewable energy investments Energize Weekly, August 23, 2023 The $1.2 trillion in incentives proposed under the U.S. Inflation Reduction Act (IRA) will spur about $3 trillion investment in renewable energy technology over the next decade, according to Goldman Sachs Research. Goldman Sachs…

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Michigan PSC approves DTE Energy’s Integrated Resource Plan, setting path to net zero emissions by 2050

Michigan PSC approves DTE Energy’s Integrated Resource Plan, setting path to net zero emissions by 2050 July 28, 2023 DTE Energy received approval for its CleanVision Integrated Resource Plan (IRP) this week from the Michigan Public Service Commission (MPSC), greenlighting a clean energy plan that will speed the end of…

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Infrastructure and green energy spending are powering the economy

Infrastructure and green energy spending are powering the economy July 28, 2023 A surge in government funding and related private investment is beginning to make its way to businesses and communities across the country, building electric vehicles, new bridges, airport upgrades and a host of other infrastructure and green energy…

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Maine’s electric rates expected to rise through 2024 until solar subsidies ease

Maine’s electric rates expected to rise through 2024 until solar subsidies ease July 13, 2023 Mainers can expect more rate hikes for electricity through the end of next year until the solar subsidies that have driven up rates for consumers wind down. The Legislature is reining in its costly net…

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U.S. solar industry sets record in the first quarter of 2023 but faces a host of challenges

U.S. solar industry sets record in the first quarter of 2023 but faces a host of challenges

U.S. solar industry sets record in the first quarter of 2023 but faces a host of challenges Energize Weekly, June 28, 2023 After a record-setting first quarter in 2023, the U.S. solar industry is poised for rapid growth while facing a spate of challenges including system underperformance, labor shortages and…

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Tax Incentives To Supercharge U.S. Clean Energy Transition

Tax Incentives To Supercharge U.S. Clean Energy Transition Jun 18, 2023 The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have released guidance on key provisions in the IRA to expand the reach of the clean energy tax credits and help build projects more quickly and affordably.…

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Local opposition to wind and solar development growing across the country, survey finds

Local opposition to wind and solar development growing across the country, survey finds

Local opposition to wind and solar development growing across the country, survey finds Energize Weekly, June 14, 2023 The number of local regulations on renewable energy projects, which could hamper, delay or block development, is on the rise in the U.S., according to a report by the Columbia University Sabin…

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California unlikely to run short of electricity this summer thanks to winter storms, new power sources

California unlikely to run short of electricity this summer thanks to winter storms, new power sources May 25, 2023 California regulators say the state is unlikely to experience electricity shortages this summer after securing new power sources and a wet winter that filled the state’s reservoirs enough to restart hydroelectric…

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Surge in clean generation and storage projects creating a backlog on U.S. electric grids

Surge in clean generation and storage projects creating a backlog on U.S. electric grids

Surge in clean generation and storage projects creating a backlog on U.S. electric grids Energize Weekly, April 26, 2023 A surge in clean energy projects – a 40 percent year-over-year increase in 2022 – is creating a traffic jam in getting onto the U.S. electric grid, according to a Lawrence…

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PacifiCorp eyes renewables as it plans to stop burning coal at most of its Wyoming plants

PacifiCorp eyes renewables as it plans to stop burning coal at most of its Wyoming plants April 5, 2023 Wyoming’s largest power company is shifting toward renewables and away from coal; however, the state is still planning a future that includes fossil fuels. PacifiCorp, also known as Rocky Mountain Power…

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Global bank financing for low-carbon energy rose 15 percent to $550 billion in 2022

Global bank financing for low-carbon energy rose 15 percent to $550 billion in 2022

Global bank financing for low-carbon energy rose 15 percent to $550 billion in 2022 Energize Weekly, March 8, 2023 Investments in low-carbon energy supply rose by 15 percent in 2022 – the fastest growth rate in seven years – to $550 billion, according to BloombergNEF’s (BNEF) annual report on energy…

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Northern Virginia data centers could strain power grid

Northern Virginia data centers could strain power grid February 27, 2023 Data centers in Northern Virginia starting to draw new environmental concerns. Monday, The Virginia Department of Environmental Quality will weigh whether the centers get a waiver on air pollution. Northern Virginia hosts the largest collection of data centers in…

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The United States Is Facing Electricity Famine

The United States Is Facing Electricity Famine Feb. 7, 2023 There are signs that we are heading towards an electricity famine; a life-threatening energy Holodomor throughout many areas of the United States caused by political decisions. The system is being set up to fail. This problem this time is not…

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US solar PPA prices keep rising with demand set to grow further – LevelTen

US solar PPA prices keep rising with demand set to grow further – LevelTen January 31, 2023 US solar power purchase agreement (PPA) prices continued to climb in Q4 2022, as supply chain blockages and uncertain legislation increased costs for developers, according to renewables transaction infrastructure provider LevelTen Energy. Its…

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Senators explore power supply failure — especially natural gas — during Christmas storm

Senators explore power supply failure – especially natural gas – during Christmas storm January 26, 2023 The winter storm of Dec. 23-25 produced an unexpectedly high demand for electricity. Despite the surprise, PJM, the 13-state power grid organization — thought it had plenty of reserve on hand. But the power…

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Electricity generation global demand for fossil fuels is about to peak, RMI says

Electricity generation global demand for fossil fuels is about to peak, RMI says

Electricity generation global demand for fossil fuels is about to peak, RMI says Energize Weekly, January 25, 2023 The world has reached – or is close to reaching – peak demand for fossil fuels for generating electricity as the installation of cheaper renewable generation continues to grow, according to an…

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Sweden turns to France as it looks to buy two new nuclear reactors

Sweden turns to France as it looks to buy two new nuclear reactors January 3, 2023 Sweden and France could be set to join forces to build new nuclear power stations in the Nordic nation, to boost domestic power production and guarantee security of supply. Swedish Prime Minister Ulf Kristersson…

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Developer of 1,200 MW offshore wind farm asks Massachusetts regulators to dismiss PPAs

Developer of 1,200 MW offshore wind farm asks Massachusetts regulators to dismiss PPAs 12.19.2022 The developer of Commonwealth Wind in Massachusetts asked state regulators to dismiss their review of power purchase agreements tied to the 1,223 MW offshore wind farm. Avangrid has cited economic conditions such as supply chain disruptions,…

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DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future

DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future December 08, 2022 DTE Energy (NYSE:DTE), Michigan’s largest producer of clean energy, today announced the retirement of two coal-fired power plants, bringing Southeast Michigan closer to a carbon-free future…

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Renewables to overtake coal and become world’s biggest source of electricity generation by 2025, IEA says

Renewables to overtake coal and become world’s biggest source of electricity generation by 2025, IEA says DEC 6 2022 Renewables are on course to overtake coal and become the planet’s biggest source of electricity generation by the middle of this decade, according to the International Energy Agency. The IEA’s Renewables…

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Utility recommends natural gas plant despite objections

Utility recommends natural gas plant despite objections Dec 2, 2022 The nation’s largest public utility on Friday recommended replacing an aging coal burning power plant with natural gas, ignoring calls for the Tennessee Valley Authority to speed its transition to renewable energy. TVA announced the completion of its environmental impact…

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Wind energy is now South Dakota’s No. 1 producer of electricity, but not every day

Wind energy is now South Dakota’s No. 1 producer of electricity, but not every day November 28, 2022 Wind has surpassed hydroelectric power as the largest generator of electricity in South Dakota. South Dakota now produces twice as much electricity as it uses. It exports the rest to nearby states,…

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U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns

U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns

U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns Energize Weekly, November 23, 2022 A large swatch of the U.S. electricity grid – in Texas, the Midwest, Southeast and New England – is at risk of being unable to provide adequate power in the face of extreme…

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NET Power Natural Gas Generating Plant Captures Its Own Emissions

NET Power Natural Gas Generating Plant Captures Its Own Emissions Nov. 14, 2022 NET Power, based in Durham, North Carolina, has developed a new way to make electricity by burning natural gas that it says is cheaper than conventional gas generation. That’s good news, sort of, but the real benefit…

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DTE looks to close Monroe Power Plant in 2028, ahead of earlier planned date of 2040

DTE looks to close Monroe Power Plant in 2028, ahead of earlier planned date of 2040 Nov. 7, 2022 DTE Energy unveiled a new 20-year plan that includes increasing solar and wind energy while reducing reliance on coal, which translates into closing the Monroe Power Plant by 2028. According to…

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Clean power installations hampered by supply and trade issues cool in Q3 of 2022

Clean power installations hampered by supply and trade issues cool in Q3 of 2022

Clean power installations hampered by supply and trade issues cool in Q3 of 2022 Energize Weekly, November 9, 2022 Wind, solar and storage installations for the third quarter of 2022 were the lowest in three years as developers struggled with supply chain and trade restrictions, according to a market report…

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War in Ukraine is speeding a global energy transition, hobbling Russian exports, IEA says

War in Ukraine is speeding a global energy transition, hobbling Russian exports, IEA says

War in Ukraine is speeding a global energy transition, hobbling Russian exports, IEA says Energize Weekly, November 2, 2022 Global fossil fuel consumption and greenhouse gas emissions are slowing with oil, coal and natural gas either peaking or reaching a plateau by 2030, according to the International Energy Agency (IEA).…

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Inside EPA’s climate strategy for power plants

Inside EPA’s climate strategy for power plants 10/24/2022 EPA’s game plan to comprehensively attack pollution from the coal-fired power industry began to take shape almost immediately following President Joe Biden’s inauguration, recently released records show. In early February 2021, senior EPA appointees briefed White House officials on a strategy that…

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An Alaska Air Base Wants to Build a Micro Nuclear Plant for Backup Power

Alaska Air Base Wants to Build a Micro Nuclear Plant for Backup Power October 17, 2022 Last month, the Air Force issued a request for proposals to construct a 2.5-megawatt micro-reactor at Eielson to supplement its current 20-MW coal-fired heat and power plant that delivers power across the installation on…

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Global coal-fired generation spikes in 2021, even as wind and solar reach new highs

Global coal-fired generation spikes in 2021, even as wind and solar reach new highs

Global coal-fired generation spikes in 2021, even as wind and solar reach new highs Energize Weekly, September 28, 2022 The world recorded an unprecedent spike in coal-fired generation in 2021 – even as wind and solar generation also reached record levels, according to a report by Bloomberg NEF and Bloomberg…

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Old coal-fired power plants could gain a second life as sites for nuclear units, DOE says

Old coal-fired power plants could gain a second life as sites for nuclear units, DOE says

Old coal-fired power plants could gain a second life as sites for nuclear units, DOE says Energize Weekly, September 21, 2022 Old coal-fired power plants could have an economical, second life as sites for a new generation of nuclear power projects, according to a study by the U.S. Department of…

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Could the Nation’s Coal Plant Sites Help Drive a Clean Energy Transition?

Could the Nation’s Coal Plant Sites Help Drive a Clean Energy Transition? SEPTEMBER 13, 2022 The nation’s coal power plant sites that helped build the U.S. economy during the country’s electrification could play a huge role once again in helping the nation transition to clean energy. A new U.S. Department…

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Diablo Canyon: Newsom signs bill to keep reactors running at CA’s last operating nuclear power plant

Diablo Canyon: Newsom signs bill to keep reactors running at CA’s last operating nuclear power plant September 3, 2022 Gov. Gavin Newsom signed legislation Friday intended to open the way for California’s last operating nuclear power plant to run an additional five years, a move that he said was needed…

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War and pandemic are leading to a surge in government support for fossil fuels, study says

War and pandemic are leading to a surge in government support for fossil fuels, study says

War and pandemic are leading to a surge in government support for fossil fuels, study says Energize Weekly, September 7, 2022 The combination of the COVID pandemic and the war in Ukraine has spurred an almost doubling in government support for fossil fuel production among major economies, according to an…

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Texas grid avoids summer blackouts with $1 billion in extra spending

Texas grid avoids summer blackouts with $1 billion in extra spending August 25, 2022 Texas’ electric grid operator has powered through record demand this summer by paying more to keep higher reserves and rewarding industrial consumers to cut usage, a combination that has added more than $1 billion to power…

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Onshore and offshore U.S. wind development made big gains in 2021, DOE says

Onshore and offshore U.S. wind development made big gains in 2021, DOE says

Onshore and offshore U.S. wind development made big gains in 2021, DOE says Energize Weekly, August 31, 2022 Wind generation posted strong performances – both onshore and offshore – in 2021, according to U.S. Department of Energy (DOE) market reports. Land-based wind generation grew by 13.4 gigawatts (GW) in 2021…

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Tesla’s Virtual Power Plant’s First Emergency Response Was A Success

Tesla’s Virtual Power Plant’s First Emergency Response Was A Success August 21, 2022 Due to recent high temperatures and energy demands in California, Tesla’s new virtual power plant (VPP) had its first emergency response event, which was a success and helped to pool power from Powerwall owners to power the…

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Developers set to add 44 gigawatts of new generation to the U.S. grid, EIA says

Developers set to add 44 gigawatts of new generation to the U.S. grid, EIA says

Developers set to add 44 gigawatts of new generation to the U.S. grid, EIA says Energize Weekly, August 17, 2022 Fifteen gigawatts (GW) of new utility-scale electric generating capacity were added to U.S. grid in the first half of 2022, with another 29 GW projected to come online by year’s…

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Study finds 100% renewables would pay off within 6 years

Study finds 100% renewables would pay off within 6 years AUGUST 8, 2022 New research from Stanford University researcher Mark Jacobson outlines how 145 countries could meet 100% of their business-as-usual energy needs with wind, water, solar and energy storage. The study finds that in all the countries considered, lower-cost…

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Climate bill cuts carbon emissions and inflation while boosting economy, studies say

Climate bill cuts carbon emissions and inflation while boosting economy, studies say

Climate bill cuts carbon emissions and inflation while boosting economy, studies say Energize Weekly, August 10, 2022 The climate, healthcare and budget bill passed by the U.S. Senate Aug. 7 will help curb both greenhouse gas emissions and inflation while providing a modest boost to the economy, according to three…

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3 issues to watch as heat strains the grid

3 issues to watch as heat strains the grid 08/01/2022 From the Pacific Northwest to coastal New England, millions of Americans have endured sweltering temperatures in recent weeks, driving record energy consumption and offering a snapshot of emerging risks facing the nation’s power system. While grid operators say the electricity…

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US power system, PJM reliability storm clouds loom amid transition: exec

US power system, PJM reliability storm clouds loom amid transition: exec 01 Aug 2022 PJM Interconnection could be heading for power system reliability issues as coal-fired power generation continues to retire, little to no new natural gas-fired power plants are likely to be built, and most incremental capacity comes from…

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North American power grid faced extreme weather and cyberattack risks in 2021

North American power grid faced extreme weather and cyberattack risks in 2021

North American power grid faced extreme weather and cyberattack risks in 2021 Energize Weekly, July 27, 2022 The North American electric grid faced unprecedented challenges from severe weather, cyberattacks and problems with natural gas supplies in 2021, but with except one exception – in Texas – utilities and grid operators…

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